TGIF
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Wildcat Exploration (WEL) on radar as well as GDX, MHD, AZX, CBC, and VIT
Goldex Resources Gains Permit Approval for Drill Program at El Arco, Mexico
Goldex Resources Corporation GDX
11/23/2011 9:30:11 AM
Goldex Resources Gains Permit Approval for Drill Program at El Arco, Mexico
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 23, 2011) - Goldex Resources Corporation (TSX VENTURE:GDX) ("Goldex" or the "Company") today reported receipt of permit approval for a 15,000m, 50 hole drill program consisting of both Core and RC drilling.
Management issued a press release in July of 2011 announcing a phase one 4000m RC drill program at EL Arco as permits were initially thought to be in hand. After a company led review of the process the company discovered that an environmental permit would be required from the relevant governmental agency, SEMARNAT. The application was filed in September and after a site visit by SEMARNAT on the 22nd of October and the subsequent processing period authorities in Mexico granted the requisite permits which pave the way to a commencement of drill operations at EL Arco.
In the meantime company management has been in constant contact with prospective drill companies with the intention of signing a contract as soon as permit approval was granted. As such a drill contract and the subsequent commencement of activities at EL Arco are expected to be announced shortly.
"We can now look forward to the commencement of our planned drill program. We intend to push forward with our exploration of El Arco and uncover the value of this exciting target", stated Goldex President Chuck Ross.
The EL Arco property is located in the Mexican State of Durango which is host to a number of illustrious neighbors and mines including Great Panther Silver, with its 'Topia' Property and Fresnillo PLC's 'La Cienega' mine, previously one of the largest producing gold mines in Mexico. Goldex VP of exploration, Larry Kornze, formally the regional manager of Mexico and Central America for Barrick Gold has called EL Arco "The best undrilled property in the America's" and was part of the geology team responsible for the planning of the upcoming drill program.
CHARLES ROSS, President
GOLDEX RESOURCES CORPORATION
About Goldex Resources Corp
Goldex Resources Corporation is a TSX-listed (GDX) junior resource company exploring for gold in the Americas. Led by experienced resource professionals and a world class geological team Goldex's operations include prestigious, strategically focused projects in both Guatemala and Mexico.
For more information please visit: www.goldex.ca.
For regular updates please email stephanie@chfir.com using Goldex News in the title box.
Forward-Looking Statements
The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although Management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein.
Too bad about dilution ...
This one certainly seems to have potential after some hard times.
CCleaner is very good too...
Last couple of months I had BSODs that were driving me crazy. Just when I thought I had it under control updating MSE started the BSOD night mare again.
Power Tools Lite 2011 seems to have cleaned up a lot of the registry conflicts I was getting from unknown new hardware. Hitman Pro 3.5 is also an interesting companion to any anti-virus you use. There two programs were suggested by the good peeps here and I think they have quieted my cranky baby TOSH.
GLTY
ou
Thanks FoA much appreciated several have given me the same reco in last few days!!
Hitman Pro 3.5 is interesting iCloud type checker. Got 30 day trial but please note does not replace a main virus checker.
Somebody please recommend a car used that would range between $10-15,000.
Ty
Ou
1991 Park Avenue still kicking but not like it used to ... this week after being parked outside in cool weather the car would hardly advance in drive. The TACH goes up to 1740rpm but not much hapeens. Put it back in the garage and next day it worked fine. This happened once downtown a few months ago after being parked outside for an hour plus. After a weak start, I parked on a side street shut it down and re-started it and it was sluggish at first but soon was driving the highway normally. Is it the tranny starting to go?
Thanks for any ideas ... no worries I am just keeping this car with minimal maintenance and expect it to last another 6 months or so with luck. It has other weird quirks like a pass key system that does not work every six months but eventually it will start after some rest and be good for several more months.
Judging from their history under a recent different stock name (ATW), I prefer to stay away if everything I read is true.
Jmo
Falling fast ... is BK next?
Thank you for the response! Good to know as much as possible about a stock without being ridiculed ...
Thanks Bruce!
Wow awesome machine! This one has a cheap integrated chipset video and a low life hdd.
Thanks at least I know Acer is an option!
Tempted to buy an i7 Acer laptop but concerned about quality of brand. Do I even need an i7 and am I risking overheating problems for nothing? I only do basic media editing and surf and email.
Fellow at store said i3 or i5 could be a better choice.
Sorry to bring up again the same subject..
How much us being shorted on VRS?
I did notice major support at .65 on the 1 year chart.
Excellent! Thanks Chrisau! This laptop has 6GB of RAM and a 750 HD with HDMI connection and USB 3.0. The weakest component the integrated 300 graphics card but I don't game and not too discriminate as my present laptop has a Mobile Intel (R) 4 series express chipset and it works fine. Also has Windows 7 premium 64bit which should be nice after the Vista...:)
I know we have done the laptop thing endlessly, but I am in a store looking at an Acer i7 nicely loaded for under $600. Luv it except the brand .. Should I risk it?
Ty
Ou
Just finished watching a technical analysis segment of DecisionPlus, and the commentator noted that the stock was bought heavily hours before the HC announcement and sold right after.
Sounds like insider trading to me which is a big disappointment considering the nature of the stock. But then again is that not the norm for penny stocks?
DP will have a further segment on VRS.
TBC
RHR investor relations does not even seem to bother to answer repeated messages ... lol
125k and at .84
L2 a bit weak on the ask till you get to .81
Tomorrow could go lower but may also be an opportunity
The following link answers several questions I had about production and approvals.
http://www.cantechletter.com/2011/10/cantech-letter-interviews-thomas-braun-of-verisante-technology/
The halt was about Health Canada approval ... what about all the other concerns in the post that you choose to not address?
VRS.v looks good after HC approval but you have to wonder if they have the money and manufacturing capability to sell enough units to meet demand.
Approval pending by FDA and in Europe ... next year?
Short sellers seem to be having a hay day here or just manipulation for some to get in lower.
This stock may well go lower tomorrow and may be very interesting to watch tomorrow and next week.
ou
jmo
Looks like massive amount of stock options last April ... previous listing record scary.
Is the short selling taking this stock down? Or is it just profit takers or some manipulation to get in much lower.
I wonder how much it will cost to build a machine detecting skin cancer and how much the profit margin will be for VRS?
Do they really have a manufacturing agreement once they get approval in Europe and FDA? HC approval is a good start ...
Certainly worth watching the action tomorrow as it may go even lower to .60s.
jmo
ou
... not anymore as smells too much like ATW
... you have insiders selling free shares
Covalon coming alive again sorta
SPY.v on radar
Feels like a printing press jmo
Why sell a stock whose share price is equal to cash holdings unless ...
132M o/s
Presumably about $7M from Mutiny
Indicators overall are very good
50 MA
Momentum
MACD
Recent volume picking up